Foreclosures and Renters in Washington, D.C.

Research Report

Foreclosures and Renters in Washington, D.C.

May 13, 2009

Abstract

Although much of the media have focused on the consequences of the foreclosure crisis for financial markets, lending institutions, and homeowners, comparatively less attention has been paid to how housing foreclosures have affected renters. This report, sponsored by the Annie E. Casey Foundation and using local administrative data from NeighborhoodInfo DC, documents the extent to which foreclosures in Washington, D.C., have occurred in renter-occupied homes and apartments. The conclusion outlines several policy options for helping renters during this difficult period.

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